DESLF (Descente) Days Payable : 65.34 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Descente Days Payable?

Descente's average Accounts Payable for the three months ended in Sep. 2024 was $70.4 Mil. Descente's Cost of Goods Sold for the three months ended in Sep. 2024 was $98.4 Mil. Hence, Descente's Days Payable for the three months ended in Sep. 2024 was 65.34.

The historical rank and industry rank for Descente's Days Payable or its related term are showing as below:

DESLF' s Days Payable Range Over the Past 10 Years
Min: 76.28 Med: 100.69 Max: 113.2
Current: 76.28

During the past 13 years, Descente's highest Days Payable was 113.20. The lowest was 76.28. And the median was 100.69.

DESLF's Days Payable is ranked better than
65.85% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.36 vs DESLF: 76.28

Descente's Days Payable declined from Sep. 2023 (65.77) to Sep. 2024 (65.34). It may suggest that Descente accelerated paying its suppliers.

Descente Days Payable Historical Data

The historical data trend for Descente's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Descente Days Payable Chart

Descente Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

111.34

113.76

94.78

90.14

87.86

Descente Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															65.77	80.90	71.24	109.10	65.34

Competitive Comparison of Descente's Days Payable

For the Apparel Manufacturing subindustry, Descente's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Descente's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Descente's Days Payable distribution charts can be found below:

* The bar in red indicates where Descente's Days Payable falls into.

Descente Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Descente's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (86.725	+	78.555)	/	2 )	/	343.315	*	365
=	82.64					/	343.315	*	365
=	87.86

Descente's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	70.442)	/	1 )	/	98.381	*	365 / 4
=	70.442					/	98.381	*	365 / 4
=	65.34

Descente Days Payable Related Terms

Thank you for viewing the detailed overview of Descente's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Descente Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Descente Ltd (OTCPK:DESLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-4-8 Mejiro, Toshima-ku, Tokyo, JPN, 171-8580

Website

http://www.descente.co.jp

Descente Ltd is a Japanese based company engages in the manufacture and sale of sportswear, sporting goods, and related articles. The company markets its products under brands such as Descente, Le coq Sportif, Umbro, Arena, Musingwear, Skins, Marmot, Lanvin sport, Srixon, Avia, Ryka, Shiseist, Cutter and Buck, Inov-8 and other.